Katie Coric
Posted on 04/07/2008 6:25:43 PM PDT by ricks_place
CBS, the home of the most storied news division in broadcasting, has been in discussions with Time Warner about a deal to outsource some of its newsgathering operations to CNN, two executives briefed on the matter said Monday.
Over the last decade, CNN has held on-again, off-again talks with both ABC News and CBS News about various joint ventures but during the last several months, talks with CBS have been revived and lately intensified, according to the executives who were granted anonymity because of the confidential nature of the negotiations.
Broadly speaking, the executives described conversations about reducing CBS’s newsgathering capacity while keeping its frontline personalities, like Katie Couric, the CBS Evening News anchor, and paying a fee to CNN to buy the cable network’s news feeds.
Another possibility, these people said, would be that CBS would keep its correspondents in a certain region but pair them with CNN crews.
But, these people cautioned, no deal was imminent. Through a spokesman, CBS declined to comment. A CNN spokeswoman said, “we don’t comment on speculative business matters.”
For CNN, a deal with a broadcast network would mean a new revenue stream without having to add much in additional costs. For CBS, an arrangement with a cable channel would allow it to cut costs while maintaining the CBS News brand, although in a much pared down fashion. CBS is mired in last place amid the continuing struggles of Ms. Couric, who was given a $15-million a year contract, to attract new viewers.
(Excerpt) Read more at nytimes.com ...
And so it begins...
Why not just let Al Jazeera do all your reporting? They have to be cheaper than CNN and the anti-American spin will be even more pronounced (not much, but some).
Ah, like the Trabant motor company purchasing products from Yugo, eh?
Drudge headline:
http://www.freerepublic.com/focus/f-news/1998170/posts
"Network evening newscasts will go dark after the '08 elections and their news divisions disbanded."
Okay, what's the bad news?
“Storied” — sure if by that you mean they tell tall tales.
Yep.
We’re proud of ya, Buckhead!
AS IF the screaming media was not reporting the same “news” as all the other networks, ABC,cBS, NBC, CNBC, PSNBC, MCNBC and some Fox liberals? With Clinton News Network collecting “information” for cBS, will we be getting news or CNN propaganda? Of course I seldom read the printed news or listen to the actor/actresses readers on the main/screaming media, I check into various overseas papers also, cause they have more US news than our “pretty people” who read whatever someone puts in front of them, to tell the scheeple. Of course there are a few, VERY FEW, real newspeople, ie, Brit Hume and a few others, but the rest????????????? PHEEEEWOOOOEEEE.
CBS is mired in last place amid the continuing struggles of Ms. Couric, who was given a $15-million a year contract, to attract new viewers.
Buckhead is a myth. No one man could accomplish what is told. (sarcasm)
He could be Jedi...
Probably the best way to describe him.
reducing CBS's newsgathering capacity while keeping its frontline personalities, like Katie Couric, the CBS Evening News anchor, and paying a fee to CNN to buy the cable network's news feeds.anchor is right. ;')
This is the funniest news I have heard all day...of course, its a toss up on how left CBS would be left after all this.
Die CBS, die!
Next: NBC, ABC, CBS, MSNBC, CNN, NY Times, The Washington Post.
The end of each will be a celebration!
“This is not the real news”.
THIS IS NOT THE REAL NEWS.
“The truth may be gleaned from the Free Republic”.
THE TRUTH MAY BE GLEANED FROM THE FREE REPUBLIC.
So easy to do with simple minds like Couric’s!
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